Lido DAO Proposal: Proposal to Use 10,000 stETH Treasury Funds for LDO Buyback

BlockBeats News, March 27th, the Lido Ecosystem Operations team released a proposal on the community forum seeking authorization for the Lido Growth Committee to use up to 10,000 stETH from the treasury to purchase LDO.

The proposal notes that the LDO/ETH exchange rate is currently at a historical low of around 0.00016, representing a discount of about 63% from the two-year median and indicating a disconnect from the protocol's fundamentals. The plan will be executed in batches through an Easy Track mechanism, with each batch capped at 1,000 stETH. Execution channels include on-chain platforms (CoW Swap, 1inch, Uniswap) as well as centralized exchanges. The trade slippage will be kept within 3%, and the acquired LDO will be returned to the treasury in full.